Latest news with #CentralAmerica
Reuters
4 hours ago
- Business
- Reuters
Fox expands sports broadcast rights with Caliente TV acquisition in Mexico
June 19 (Reuters) - Fox Corp (FOXA.O), opens new tab has acquired sports-focused streaming platform and television channel Caliente TV to expand its sports broadcasting presence in Mexico, the company said on Thursday. The move allows Fox to tap into the growing appetite for premium sports content by acquiring broadcast rights to the UEFA Champions League, France's Ligue 1, and select Liga MX matches through Caliente TV. With this acquisition, the company said it would develop a multi-platform business, including the launch of a new pay TV channel and a subscription video‑on‑demand service to complement its free, ad-supported Tubi platform. Fox said Carlos Martinez, its executive vice president and managing director for Latin America, will oversee the rollout of new sports channels and streaming platforms in Mexico and Central America, which are expected to employ more than 350 people. Martinez has over three decades of broadcast industry experience in Latin America, holding executive roles at companies such as Turner, Discovery and Fox, the company said. The company declined to provide financial details when contacted by Reuters. Last month, the Murdoch family-controlled company said its new subscription-based streaming service Fox One will launch before the fall American football season, as it seeks to reach audiences beyond its mainstay cable television business. In the March quarter, more advertisers turned to the owner of Fox News, Fox Sports and Tubi to tap its growing viewership. The company beat third-quarter revenue estimates last month.
Yahoo
5 hours ago
- Business
- Yahoo
Fox expands sports broadcast rights with Caliente TV acquisition in Mexico
(Reuters) -Fox Corp has acquired sports-focused streaming platform and television channel Caliente TV to expand its sports broadcasting presence in Mexico, the company said on Thursday. The move allows Fox to tap into the growing appetite for premium sports content by acquiring broadcast rights to the UEFA Champions League, France's Ligue 1, and select Liga MX matches through Caliente TV. With this acquisition, the company said it would develop a multi-platform business, including the launch of a new pay TV channel and a subscription video‑on‑demand service to complement its free, ad-supported Tubi platform. Fox said Carlos Martinez, its executive vice president and managing director for Latin America, will oversee the rollout of new sports channels and streaming platforms in Mexico and Central America, which are expected to employ more than 350 people. Martinez has over three decades of broadcast industry experience in Latin America, holding executive roles at companies such as Turner, Discovery and Fox, the company said. The company declined to provide financial details when contacted by Reuters. Last month, the Murdoch family-controlled company said its new subscription-based streaming service Fox One will launch before the fall American football season, as it seeks to reach audiences beyond its mainstay cable television business. In the March quarter, more advertisers turned to the owner of Fox News, Fox Sports and Tubi to tap its growing viewership. The company beat third-quarter revenue estimates last month. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
5 hours ago
- Science
- Washington Post
Want to plant trees to offset fossil fuels? You'd need all of North and Central America, study finds
Planting trees has plenty of benefits, but this popular carbon-removal method alone can't possibly counteract the planet-warming emissions caused by the world's largest fossil-fuel companies. To do that, trees would have to cover the entire land mass of North and Central America, according to a study out Thursday. Many respected climate scientists and institutions say removing carbon emissions — not just reducing them — is essential to tackling climate change. And trees remove carbon simply by 'breathing.' But crunching the numbers, researchers found that the trees' collective ability to remove carbon through photosynthesis can't stand up to the potential emissions from the fossil fuel reserves of the 200 largest oil, gas and coal fuel companies — there's not enough available land on Earth to feasibly accomplish that.
Reuters
5 hours ago
- Politics
- Reuters
Nicaraguan ex-military officer killed in exile, wife and party say
SAN JOSE, June 19 (Reuters) - Former Nicaraguan military officer Roberto Samcam was killed on Thursday in Costa Rica, where he was living in exile, his wife and the UNAMOS political party said. Samcam, a retired Sandinista major, was a vocal critic of the Nicaraguan government led by President Daniel Ortega. Costa Rica's national police did not immediately respond to a request for comment. The Nicaraguan government did not immediately respond to a request for comment.
The Independent
5 hours ago
- Science
- The Independent
Want to plant trees to offset fossil fuels? You'd need all of North and Central America, study finds
Planting trees has plenty of benefits, but this popular carbon-removal method alone can't possibly counteract the planet-warming emissions caused by the world's largest fossil-fuel companies. To do that, trees would have to cover the entire land mass of North and Central America, according to a study out Thursday. Many respected climate scientists and institutions say removing carbon emissions — not just reducing them — is essential to tackling climate change. And trees remove carbon simply by "breathing." But crunching the numbers, researchers found that the trees' collective ability to remove carbon through photosynthesis can't stand up to the potential emissions from the fossil fuel reserves of the 200 largest oil, gas and coal fuel companies — there's not enough available land on Earth to feasibly accomplish that. And even if there were, if those 200 companies had to pay for planting all those trees, it would cost $10.8 trillion, more than their entire combined market valuation of $7.01 trillion. The researchers also determined that the companies would be in the red if they were responsible for the social costs of the carbon in their reserves, which scientists compute around $185 per metric ton of carbon dioxide. 'The general public maybe understand offsetting to be a sort of magic eraser, and that's just not where we're at,' said Nina Friggens, a research fellow at the University of Exeter who co-authored the paper published in Communications Earth & Environment, a Nature Portfolio journal. Carbon offsetting essentially means investing in tree planting or other environmental projects to attempt to compensate for carbon emissions. Trees are one of the cheapest ways to do this because they naturally suck up planet-warming carbon. Fossil fuel corporations, along with other companies and institutions, have promoted tree-planting as key part of carbon offset programs in recent years. For example, TotalEnergies, a global energy company, said in a statement that it is 'investing heavily in carbon capture and storage (CCS) and nature-based solutions (NBS) projects.' To do their calculations, the researchers looked at the 200 largest holders of fossil fuel reserves — the fuel that companies promise shareholders they can extract in the future — and calculated how much carbon dioxide would be released if this fuel is burned. The researchers also focused solely on tree planting because the expense and technological development needed for other forms of carbon capture are still mostly cost-prohibitive. Forestry expert Éliane Ubalijoro, who was not involved with the research, called the study 'elegant.' It 'gives people a sense of proportion around carbon,' said Ubalijoro, CEO of CIFOR-ICRAF, an international forestry research center. But she cautioned against oversimplifying the equation by looking only at carbon capture, noting that tree planting done right can foster food security and biodiversity and protect communities from natural disasters. The paper effectively makes the point that it's financially impossible to offset enough carbon to compensate for future fossil fuel burning, said Daphne Yin, director of land policy at Carbon180, where her team advocates for U.S. policy support for land-based carbon removal. And the idea that companies would ever be required to account for the downstream emissions from the fossil fuel they extract is a 'fantasy,' she said. The idea of planting trees is appealing to the public and to politicians because it's tangible — people can literally see the carbon being incorporated into branches and leaves as a tree grows, Friggens said. But she says other methods shouldn't be overlooked — microbes underground store carbon too, but they can't be seen. And it's a physically and mathematically inescapable fact, illustrated in part by this study, that there's no getting around it — we have to stop emitting carbon, said Jonathan Foley, the executive director of Project Drawdown, who also was not part of the study. Carbon emissions are like an overflowing bathtub, he says: Before you start cleaning up, you have to turn off the water. 'Trees are the sponges and the mops we use to clean up the mess," he said. "But if the taps are still running and the water's pouring out over the edges of your bathtub, destroying your bathroom and your home, maybe you've got to learn to turn off the taps too.' ___ Follow Melina Walling on X @MelinaWalling and Bluesky @ ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
